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What is cryptocurrency insurance, and how does it work?

What is cryptocurrency insurance, and how does it work?

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Source: Coin Telegraph

Learn how cryptocurrency insurance protects your digital assets from theft, hacks and other risks. Understand the coverage options and how this specialized insurance works.

Cryptocurrency insurance acts as a safety net for various stakeholders in the digital asset market, including individuals, companies and institutional investors.

The purpose of cryptocurrency insurance, also known as digital asset insurance or crypto coverage, is to reduce the risks involved in trading, storing or possessing cryptocurrencies and other digital assets. 

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Author: Onkar Singh